Will resolve FEMA allegations linked to Little Internet and Nearbuy subsidiaries: Paytm
New Delhi, March 1 (IANS) Digital payments and financial services major Paytm on Saturday said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries — Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL). The company clarified in a stock exchange filing that certain alleged contraventions are attributable to […]
Paytm Money pays Rs 45.5 lakh fine to SEBI over regulatory lapses
Mumbai, Feb 13 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations. The settlement order allows the financial services firm to avoid further legal proceedings related to the issue. The case originated from […]
No new ED notice, clarifies Paytm as shares drop
Mumbai, Jan 24 (IANS) Financial services major Paytm on Friday said it has not received any new notice from the Enforcement Directorate (ED) related to an ongoing investigation into a cryptocurrency scam. In a filing, the company responded to emails send by the stock exchanges, saying the case dates back to September 2022 and is […]
